Romanian company Impact Developer & Contractor recorded sales of 90.3 million lei (€18.5 million) for 110 residential units in the first half of 2022, up 45% compared to the same period of last year.
Romanian IMPACT Developer & Contractor has recorded a gross profit of 16.7 million lei (€3.3 million) in the first quarter of 2022, up 49% compared to the same period of last year over higher residential sales.
Romania's Impact Developer & Contractor says it sold 430 residential units during 2021, of which pre-sold apartments sales gained 37% to 250 million lei (€50.5 million), while the rest of 183 units were worth 138 million (€27.8 million).
Property developer Impact Developer & Contractor has completed the Luxuria Residence complex in northern Bucharest, with an estimated market value of €150 million.
Romanian Impact Developer & Contractor said it plans to develop 1.25 million sqm by 2027, respectively over 10,000 homes in the medium - affordable segment, with an estimated market value of €1.4 billion without VAT.
Romania's Impact Developer & Contractor says it will kick off the construction of another 326 apartments in Greenfield Băneasa, while its total development pipeline in Romania will reach 2,707 residential units in all projects by year-end.
A 200-square-metre Office Shoes store offering branded women's, men's, and children's footwear has opened in the Forum Gdańsk shopping centre. This is the chain's first shop in Gdańsk.
IWG has leased 906 sqm for a new Regus space in VOX Technology Park in Timișoara.
Auchan will open a new 7,000 sqm hypermarket at the end of next year in Sun Plaza, the shopping mall owned by CPI Romania. This move is part of a broader strategy to reposition Sun Plaza, which will undergo a phased modernization process starting in June. The space was previously leased by Carrefour.
New appointments
CBRE Romania has announced the promotion of Ramona Hîrnea to the role of Head of Investor Retail Leasing for its national operations. With over 22 years of experience in commercial space leasing, Ramona brings a comprehensive perspective on the retail market, gained both from her position as a consultant for property owners and as a representative of tenants.
Marcin Janik has taken up the position of head of the southern Poland region at CBRE. He will be responsible for Silesia, Małopolska and the previously serviced Wrocław.
GTC Group has appointed Miklos Egri as Chief Operating Officer. The new manager will be responsible for the company's day-to-day operational and administrative management in the Central and Eastern European markets.
ABOUT US
Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
I have read the Privacy Policy of International Property Network Inc. and I consent to International Property Network Inc. sending me newsletters and managing my personal data provided for this purpose.
